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is not falling. the lower spending and limited government sequester will help grow the economy not harm it. and guess what today? president obama actually dialed up republican leaders john boehner and mitch mcconnell to talk about the sequester. this is good. it's called communication. we'll have a full report coming up from our man in washington robert costa. remember how we told the other night about how federal workers are still getting pay raises despite a so-called pay freeze? it turns out federal worker pensions are facing huge unfunded liabilities that could bankrupt them and force a new taxpayer bailout. but on the whole, folks, have no fear, america. help is on the way. this is "the kudlow report" and it starts right now. >>> all right. first up tonight the sky is not falling. even the president's own press secretary backed up president obama's sequester threat of mass layoffs. take a listen to jay carney. >> we agree with the consensus estimates here again from private outside economic firms from the congressional budget office that say we would lose, the country would lose up to
/bowles a serious plan. tonight i'll expose how it's seriously going to kill the economy. liberals, hold your ground. this is "the ed show." let's get to work. >> are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? >> the president takes his case to the people as the two salesmen for republican austerity are mobbed by protesters. >> pay your share of taxes. >> pay your tax. >> tonight, "time's" michael grunwald, jonathan alter and katrina vanden heuvel on how to dismantle the austerity bomb. >> 10,000 bucks? >>> the godfather of the conservative movement offers romney pocket change to anyone who can save the republican party. i'll show you why it's a lost cause. >>> plus, a virginia pizza shop owner uses a sick promotion to sell pies and push the nra agenda. >>> the beltway press takes their eye off the ball, complaining about bohm and tiger woods. the least popular senator is desperately attacking ashley judd. and david corn, the co-author of "hubris" and co-author of the msnbc documentary tells me what was left out. >> i
're going to hurt the economy. but what the president didn't mention, that the sequester, that was his idea in the first place. >> not smart, not fair, it was his idea? let's keep adding it up, boys. today john boehner fired off his latest shot in this blame game. he took to the pages of the "wall street journal" to accuse the president of the united states of creating a financial crisis. boehner said the president's sequester is now eminent. but the daily beast website released some information today to knock down boehner's accusations. you see, back in 2011, boehner's office developed a power point presentation for house republicans. it was a two-step approach, but it actually contained three steps. first of all, no tax hikes. of course that's typical. spending cuts extending the debt ceiling increase, and spending caps. but while pushing those spending caps, boehner did what? he highlighted a special trigger mechanism -- sequestration. boehner was selling this idea to his caucus as a good way to make sure that they were going to be able to get the cuts that they really wanted. boehner lo
that depend on them, or would they rather put hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loophole that is benefit only the healthiest americans and biggest corporations? that's the choice. >> while the cuts would put the gvt government on a path towards a debt reduction, they are inkrimtat or a lot like a meat clever. it would force the f.a.a. to regularly furlough 4,000 workers a day which accounts for more than 10% of its entire staff. 125,000 families would immediately lose rental assistance putting them at risk of homelessness, and the military's health insurance program would face a $3 billion shortfall, meaning retirees and dependents of active soldiers could lose their coverage. as congress heads into the frantic sprint to the deadline next week, how much influence will president obama have on republicans? a month ago the president signalled he would be doing more outreach towards capitol hill or at least more in-home entertaining. >> personal relationships are important, and obviously i can always do a better job and the
and to our economy. cbp would have to furlough all of its employees reduce overtime, and eliminate hiring to back-fill positions. >> michael: in all, homeland security would lose 5,000 agents. that is a big deal. next up, gun control. the president wants universal background checks but a sequester would make such a system difficult to enact would it would mean cuts in agents and federal attorneys. and then there is education. the president has called for universal preschooling but the sequester would slash $400 million from head start and that means nearly 63,000 children would be dropped from the program. the republicans outlook seems to be, if we can break the economy now, we have bought the presidency in 2016. joining me now is juana summers, she comes to us from washington, d.c. welcome back inside "the war room." >> thanks for having me back. >> michael: so how damaging actually will these cuts be to the president's second term agenda. >> it's important to note when you talk about sequestration it touches every part of the american economy, big prior advertise t
are strong as a nation, and our economy is strong enough to recover from this piece by piece. what about that? >> well, this is where i would be critical of the president, ed. i think we would have faster economic recovery if we weren't laying off police officers and firefighters and school teachers all over the country. if you look at the reagan era, one of the things reagan did was a huge ramp-up when the economy was in trouble of government employees. but without question, the deficit is coming down to where it should be. which is slightly above spending or a balanced budget. it's going in that direction. the president has had the smallest growth in discretionary spending in numerous presidents as opposed to the big spender george w. bush who came ahead of him. >> dave, stay with us. i want to bring in steve benen, msnbc contributor. good to have you with us tonight. why are mainstream journalists repeating this lie about president obama not having a plan to replace sequester? >> well, i can only speculate about what brooks and others are thinking. but i would think in all likelihood, ther
that depend on it, or would they rather put hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loophole that is benefit only the wealthiest americans and biggest corporations? that's the choice. >> is there another way with only days to go before the automatic spending cuts kick in? re-enter the bipartisan budget cutters, the duo of simpson and bowles. >> there's no sfri in the country that makes cuts across the board. you try to cut those things that have the least adverse effect on productivity. second, we are cutting those areas where we actually need to invest education, infrastructure, research, and, third, they don't make any cuts in those things that are going faster than the economy. that's stupid, stupid, stupid. >> with us, former white house press secretary and a new msnbc contributor robert gibbs. cyber wars. china's army now targeting u.s. pipelines and nuclear plants. with us to discuss, the authors of a new report tracing the attacks to military headquarters in shanghai. plus, play of the day. while the press corps was banned
're going to cut everything right now, sequestration. it's going to slow down the economy. you've got democrats -- you've got the president running around because he only knows how to do one thing, ask for higher taxes. he's leading with the taxes. we've got to raise more taxes. it's the rich, it's the corporations, tax, tax, tax. i thought we had this debate before. democrats don't seem to understand that taxing americans dampens the economy, hurts small businesses, hurts a lot of americans. republicans don't seem to understand that massive unfocused cuts right now are going to slow down the economy and hurt americans, too. >> you seriously have to wonder whether anyone in washington, in the house, in the senate, in the white house, in the administration, republican, democrat, do they ever go outdoors? do they ever see what happens every day to ordinary americans? people who have been getting crushed economically for the past 10 or 15 years are now getting crushed again, doubly so. the payroll tax has been eliminated. have you checked out the price of gasoline over the past couple of
're not necessary. they'll hurt our economy. they'll raise the unemployment rate. and the reason is because congress has not been able to compromise on a deficit reduction package that's more sensible. >> yesterday the president insisted sudden across-the-board spending cuts would be unnecessary and damaging and he made sure that first responders were there to punctuate the message. let's watch and listen. >> border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. air traffic controllers and airport security will see cutbacks, which means more delays at airports across the country. thousands of teachers and educators will be laid off. >> and keeping up the drum beat, house minority leader nancy pelosi will hold hearings on how middle class families could be hurt by the spending cuts that could kick in march 1st. joining me is u.s. congressman adam shiff of california. i was so impressed by the way you explained all of this this morning on msnbc. i'd like you to do it again. your take on what this fight is ab
for the economy t's not going to be good for ordinary people. but i don't know if they're going to move. >> the president did reach across the aisle this week most recently dialing up house speaker john boehner and senate minority leader mitch mcconnell yesterday. we don't know what was said in those calls, but we do know they didn't result in new meetings between the president and congressional leaders. both sides instead focusing on dominating this debate. >> democrats don't seem to understand that taxing americans dampens the economy. republicans don't seem to understand that massive unfocused cuts right now are going to slow down the economy. >> you seriously have to wonder whether anyone in washington, in the house and the senate, in the white house and the administration, republican, democrat, do they ever go outdoors? >> so the economic hammer falling at the end of the month. $85 billion in cuts. what will that mean to your wallet or your family? $619 million in cuts to the federal aviation administration which could result in major flight delays for travelers. $406 million in cu
any cuts in those things that are going faster than the economy. that's stupid, stupid, stupid. >> with us, former white house press secretary and a new msnbc contributor robert gibbs. cyber wars. china's army now targeting u.s. pipelines and nuclear plants. with us to discuss, the authors of a new report tracing the attacks to military headquarters in shanghai. plus, play of the day. while the press corps was banned from the president's golf outing, tiger woods, david letterman fills in the missing links. >> this is our president playing golf this weekend. huh? >> that's one way to do it. good day. andrea mitchell live in washington where president obama is surrounded by uniform police and is now issuing dire warnings about the consequences if automatic budget cuts, the sequester, will create job losses and a setback to the recovery if that goes into effect next week. in response senate republican leader mitch mcconnell still prefers campaign events to -- joining me now for our daily fix, chris calizza and managing editor of post politics.com. well, chris, we saw the performan
the government has already accrued. the country about and the economy again on the brink. hours before that self-imposed economic doomsday for us and the planet, the president announces that a deal has been struck. it was close and unpleasant, and it was all on purpose. that was july. by september, same year, another threatened government shutdown. this time it was the senate that had to find its way back from the edge of catastrophe, but they did it with something like 90 minutes to spare. then this past december, let's all go back to the brink. congressional republicans threatening an avalanche of tax hikes and other recession-inducing budget cuts. it's the fiscal cliff, look out! congressional republicans blew right past the new year's eve deadline and then after the sky was supposed to have fallen, a deal was made shortly thereafter to retroactively avert said disaster. remember all that? well, here we are again, back at the brink again. do brinks wear out if you use them too much? for the seventh time since winning the majority, congressional republicans are holding the government sort of h
are digging in their heels. you know what? the economy is going to go in the toilet. >> announcer: this is the "bill press show." >> jack, how old are you? >> nine. >> this is what 27 tons of marijuana looks like. (vo) with award winning documentaries that take you inside the headlines, way inside. (vo) from the underworld, to the world of privilege. >> everyone in michael jackson's life was out to use him. (vo) no one brings you more documentaries that are real, gripping, current. >> announcer: chatting with you live at current.com/billpress this is the "bill press show." live on your radio and current tv. >> bill: hey it is 33 minutes after the hour here on a thursday morning. and vice president joe biden says you want a gun? get a shotgun. not an ar-15. we've got it all covered here this morning on the "full court press." we're talking about the fact that republicans still seem determined they really think they can let the sequester happen, let the economy go as the congressional office warns into a total tailspin, reverse our economic recovery, cut 700,000 jobs here in this co
with the the sequester. it's hanging over the economy. and you say like the airplane we are flying is going down and we're taking a break to watch the in-flight movie. so what are you talking about? is this sort of a lack of urgency from both sides? because there's no incentive for democrats nor republicans to cut a deal here? >> i am not saying that at all, alex. i'm saying that the house leadership on the republican side, which controls the schedule, controls the calendar, they have every power to bring us back to d.c., to go back to our desks on the floor of the house and work out the problem. with ten days to go before the ridiculous sequester takes place, we don't get called back to washington. instead, we have what we call a district work week scheduled. in other words, people are working on things other than averting this sequester. i think it's ridiculous. i think that even to see the republican house leadership working hardest on blaming president obama for the sequester is foolish. what we have is speaker boehner making posters about president obama trying to call it the obama-quester, sort o
to the economy, but people start hearing, layoffs will, uh, people will see less money in their medicare payments to doctors. as these real-world costs hit, it will be interesting, and likely what drives the eventual deal will be with the political pressure lands on. host: can you walk us through the next six or seven days? as you indicated, the president traveling to norfolk, virginia, an area have the with pentagon contracts and military construction and the navy shipyards. what are you looking for? guest: the most interesting things will be the votes in the house and senate. if democrats are able to win over a number of republicans to get a compromise through, that would really upset the equation. it would be very much unexpected. that is maybe our one chance to avert the sequester. more likely, it will be a vote were democrats -- where democrats put forward a plan but fails. then you'll see a lot of finger- pointing from both sides, with republican saying, democrats could not pass of planned. the democrats will say, republicans are the ones who blocked our compromise to be in the senate. -- p
, national security or the economy. -- or our economy. but once again the president offered no credible plan that can pass congress -- only more calls for higher taxes. mitch mcconnell had this to say in a statement after the president's speech. quote, today's event at the white house proves once again that more than three months after the november election, president obama still prefers campaign events to commonsense, bipartisan action. if anyone is waiting for any last-minute deals, they better not hold their breath waiting for them to come from mitch mcconnell. here's what he said to reporters a week ago. >> it's pretty clear to me that the sequester is going to go into effect. read my lips. i'm not interested in 11th hour negotiation. >> so congressional republicans are definitely striking back at the president, saying he can prevent damage to essential services by cutting from other areas of government. earlier i spoke with the republican senator rand paul of kentucky. senator, the president spoke today about those forced budget cuts. he had some pretty tough words for republicans. let
whole economy. >> colorado governor john hickenlooper, one of the governors who met with the president on friday about the potential impact that the sequester would have on state economies. let's go to kristen welker. what are they doing to keep the sequester from taking affect? >> president obama will have conversations with congress this weekend and into next week. so far, talks have yielded no results. both sides are dug in, and it seems increasingly likely that the sequester will go into effect. in his weekly address today, president obama said it's up to congress to act. >> i never think anything is inevitable, we have the opportunity to make the right decisions. my hope is we can see a different course taken by congress. this should be a no-brainer. >> in an effort to pressure congress, the obama administration has also been painting a fairly dire picture of what will happen if the sequester kicks in and on friday outgoing transportation secretary ray lahood says it will have a big impact on the air travel industry. as many as 47,000 employees could be furloughed and that could u
the jobs that depend on them? or would they rather put hundreds of thousands of jobs and our entire economy at risk just for protect a few special interest tax loopholes that benefit only the wealthiest americans? that's the choice. >> when folks here that at home, lois, is this something that boils down to republicans being seens the losers. when you got americans, workings folks, standing behind the president in this bully pulpit forum. we don't expect to have a press conference tomorrow with teachers behind him saying i'm okay with losing my job? >> that's right. the president and the white house have done a very effective job in framing this. you know, his speech this morning was really, the sky is falling. the sky is falling. prisoners are going to be let free. the borders aren't going to be protected. you know, you're going to be in danger flying. and the reality might not quite be as dire because 30 days after the sequestration goes in, there's something called the continuing resolution where all this money goes back into a big pool and it can be shifted and used in all manner of thi
are not smart. they're not fair. they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. the unemployment rate might pick up again. >> i will denight president -- i will deny the president -- >> stephanie: boner said washington democrats new found concern about the president's sequester -- he's clever how he keeps calling it -- [ ♪ hypnotic ♪ ] >> obama quester. >> stephanie: social media boys and i came up with that over bourbon. >> and you can tell! >> obama quester. >> stephanie: rolls off the tongue. words alone won't avert it. replacing the president's sequester. there it is again in the second sentence. >> obama quester. hashtag. do you see the hashtag first or after? >> stephanie: i'm doing boner. >> but you probably didn't know either. [ laughter ] >> stephanie: i was mocking him for something -- is this where we break or no? >> yes. good lord. >> stephanie: replace the president's sequester will require a plan to cut spending to put us back on the path to a budget to keep the
are not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of americans to the unemployment roll. people will lose their jobs. the unemployment rate might tick up again. >> cnn chief national correspondent john king is looking at the impact that we can expect from these cuts. >> webster defines sequester as to set apart or segregate. in washington, it's a fancy word for spending cuts. an example of political leaders in both parties are failing to do their most recent job. >> they have doubled down on the cuts i've outlined. >> here's what will happen. $85 billion in federal budget cuts kick in. that's 9% of nondefense spending and 13% of the pentagon budget over the next seven months. what's protected? medicare and social security. so are medicaid and food stamps, military personnel and the v.a. are examined. most federal agencies would make cuts and the white house warns, among other things, furloughs of the fbi, border patrol, and food safety inspections. the president says vital government services would suffer and the economy would weaken. republicans
theory where the assumption is that if you reduce tax cuts it will stimulate the economy so much that it will actually come close to, if not actually increase federal revenue. but when we heard that it made no sense. now, here is where it really gets, i think, in some ways, even worse. i have to say, mitch mcconnell does provide me with a lot of material. [laughter] in 2010 the two big tax cuts were all won in 03. in 2010 at a time when, you know, it was pretty clear that that first decade would yield the revenue reductions on the scales somewhere between two and $3 trillion over the first ten years, mitch mcconnell, july 2010, he confirmed the next day that what senator john kyl had set a few days earlier was accurate. he said, there is no evidence whatsoever that the bush tax cuts actually diminish revenue. the increased revenue because of the vibrancy of the tax cuts and the economy. i think what the senator was expressing was the view of virtually every republican on that subject. and i was, this is no kind word that you can say in response to that. they're making this up. th
the economy so much that it will actually come close to, if not actually increase, federal revenues. but when we heard that, it made no sense. now, here's where it really gets -- i think in some ways even worse. i'm going to find -- i have to say, mitch mcconnell does provide me with a lot of material. [laughter] >> in 2010, the two big tax cuts were '01 and '03. in 2010, mitch -- at a time when it was pretty clear that the first decade would yield revenue reductions on the scale of somewhere between 2 and $3 trillion over the first ten years. mitch mcconnell said to the press, july 2010, he confirmed the next day that what john -- senator john kyl said a few days earlier was accurate. mcconnell said there's no evidence whatsoever that the bush tax cuts actually dim minimum issued revenue. they increased revenue because of the vibe bran si of the tax cuts and the economy. so i think what senator kyl was expressing was the view of virtually every republican on that subject. and i would say, as they say here, this is no kind word for -- you can say in response to this. they're making this up. t
Search Results 0 to 49 of about 87 (some duplicates have been removed)